The Task Environment of a Firm Consists of Demographic, Economic

question 19

True/False

The task environment of a firm consists of demographic, economic, natural, and technological environments, as well as the political-legal system and the social-cultural arena.

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Definitions:

Ethnology

The comparative study of cultures and peoples, including their customs, habits, and mutual differences.

Culture Groups

Clusters of individuals who share the same cultural practices, norms, and values, distinguishing them from other groups within a larger society.

Globalization

The process of increased interconnectedness and interdependence among countries globally, through trade, technology, culture, and politics.

Fieldwork

The collection of information or samples from the natural environment or in social settings, often used in anthropology, biology, and sociology.